Aju Steel USA subsidiary loan extension of 29 billion KRW (5.20%, 1 year)

For operating fund support, decided to extend loan of 29 billion KRW to wholly-owned subsidiary Aju Steel USA, Inc. (extension of existing loan)
Loan terms: amount 29 billion KRW, interest rate 5.20%, period 2026-05-12 to 2027-05-12
Subsidiary financials: net loss 4.227 billion KRW (2025), total equity 57.087 billion KRW (loan is 50.8% of equity)
Parent's equity 144.419 billion KRW, loan ratio 20.08%
Subsidiary has consecutive losses (prior year -9.423 billion, two years ago -0.891 billion)